SRF Ltd has posted a 4% decline in its consolidated net profit at Rs.124 crore, for the quarter ended March 31,2018.

The company’s net profit for the year ago period was reported at Rs.129 crore. Total income rose to Rs.1,625.30 crore in the fourth quarter, from Rs.1,442.37 crore in the corresponding period of the previous year.

Furthermore, Ashish Bharat Ram, SRF’s Managing Director stated, “While this has been a reasonably good quarter on the operations front, the recovery in the agrochemicals sector is taking longer than expected. We expect things to start looking up only towards the end of this calendar year.”

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